UPDATE 3-E.ON's Uniper woos investors with cost cuts, asset sales

martes 26 de abril de 2016 09:07 GYT

* Uniper aims for at least 2 bln eur of asset sales by 2018

* Sale likely to include Brazilian business - CEO

* To pay dividend of 200 mln eur for 2016

* E.ON to spin off 53.35 pct of Uniper in first step (Adds more CEO comments, background)

By Christoph Steitz

FRANKFURT, April 26 (Reuters) - Uniper, the power plant and energy trading business being spun off by Germany's biggest utility E.ON, on Thursday promised cost cuts, asset sales and a dividend in its battle to keep investors onboard despite faltering markets.

E.ON, like local rivals RWE and EnBW, has been hammered by the rise of renewable energy, plunging wholesale electricity prices and Germany's plans to abandon nuclear power by 2022.

It has responded by seeking to spin off most of its nuclear, gas and coal-fired plants as well as energy trading activities into Uniper, to focus on growing renewables, networks and services instead.

In its first public remarks to investors, Uniper said it would pay 200 million euros ($226 million) in dividends for 2016, sell at least 2 billion euros of assets by 2018 and cut costs to reduce debt. It did not put a figure on savings.   Continuación...